Reselling: meaning, definitions and examples
๐
reselling
[หriหหsษlษชล ]
Definition
business transaction
Reselling refers to the act of purchasing goods from a manufacturer or a retailer and then selling them to another party, often at a higher price. This practice can occur in various markets and often allows sellers to earn a profit based on the difference between the buying and selling prices. Resellers commonly operate in industries like electronics, fashion, and collectibles. In some instances, reselling can take place online through platforms dedicated to connecting buyers and sellers. It plays a significant role in the economy by providing access to products that may be limited in availability.
Synonyms
Examples of usage
- She started reselling vintage clothing online.
- He is reselling concert tickets for a profit.
- The company focuses on reselling high-end electronics.
- They are reselling handcrafted items at markets.
Interesting Facts
Etymology
- The term combines 're-' meaning again, and 'selling', which comes from the Old English word 'sellan', meaning to give up or surrender.
- Reselling has roots in commerce, with recorded instances dating back to ancient marketplaces.
Economics
- Reselling plays a crucial role in the economy by allowing goods to circulate, preventing waste, and promoting affordability.
- Second-hand markets have surged in popularity, with many finding it more sustainable and cost-effective.
Technology
- Online platforms and marketplaces, like eBay and Amazon, have transformed reselling, allowing individuals to reach global audiences effortlessly.
- The rise of mobile apps dedicated to reselling has simplified the process, making it accessible for everyone.
Pop Culture
- Reselling has become a trend in sneaker culture, where limited-release sneakers are bought and sold at inflated prices.
- Television shows and documentaries often highlight reselling success stories, showcasing how ordinary people can turn a profit.
Psychology
- The appeal of treasure hunting in reselling taps into the human desire for unique items and the thrill of finding a great deal.
- Resellers often experience satisfaction and fulfillment through the process of negotiation and trade.
Translations
Translations of the word "reselling" in other languages:
๐ต๐น revenda
๐ฎ๐ณ เคซเคฟเคฐ เคธเฅ เคฌเฅเคเคจเคพ
๐ฉ๐ช Wiederverkauf
๐ฎ๐ฉ penjualan kembali
๐บ๐ฆ ะฟะตัะตะฟัะพะดะฐะถ
๐ต๐ฑ odsprzedaลผ
๐ฏ๐ต ่ปขๅฃฒ
๐ซ๐ท revente
๐ช๐ธ reventa
๐น๐ท yeniden satฤฑล
๐ฐ๐ท ์ฌํ๋งค
๐ธ๐ฆ ุฅุนุงุฏุฉ ุงูุจูุน
๐จ๐ฟ dalลกรญ prodej
๐ธ๐ฐ prepredaj
๐จ๐ณ ่ฝฌๅฎ
๐ธ๐ฎ preprodaja
๐ฎ๐ธ endurverkun
๐ฐ๐ฟ าะฐะนัะฐ ัะฐัั
๐ฌ๐ช แแแแแแแแแ
๐ฆ๐ฟ tษkrar satฤฑล
๐ฒ๐ฝ reventa